A dramatic shift in the demographics of frequent restaurant diners, an unprecedented demand for a more sophisticated culinary food experience and explosive growth in at-home dinners eaten by Mellenials are creating lucrative new opportunities for the refrigerated and frozen foodservice industry.
Performance Foodservice, Richmond, Va., collaborated with Diageo, the producer of GUINNESS beer, to launch Guinness Bold Entrées, an exclusive line of beer-infused modern foods.
Dot Foods, Mt. Sterling, Ill., announced plans to take its foodservice redistribution concept abroad via a joint venture company with Mexico-based RJ Alimentos.
American Capital, Ltd., Bethesda, Md., announced that its portfolio company SMG Holdings, Inc., West Conshohocken, Pa., acquired Premier Food Services, a San Diego, Calif.-based provider of outsourced food and beverage services to the entertainment and conference venue management industry.
Sysco Corp., Houston, Texas, reached an agreement to purchase 50% of Mayca Distribuidores S.A of Costa Rica along with its three other affiliates for an undisclosed price.